Argentinian market up 29.9% over the first nine months of 2017
- The Argentinian market (PC + LCV) increased by 14.4% in September 2017, confirming a slowdown in the growth of this market observed since the beginning of the year (see chart). On the 2017 9 months total, the Argentinian market increased by 29.9% to 675,000 units, whereas it increased by only 7.7% in 2016 compared to 2015.
- At the current rate, the Argentinian market could reach 785,000 units for the whole of 2017, which represents an increase of 15% compared to 2016. But it will still take time to reach the record of 2013 ( 945,000 registrations).
- Compared to the Brazilian market, to which it remains closely linked (particularly in terms of the economic situation of the entire region, of imports and exports, and, of course, of its proximity), the Argentinian market has returned to a growth situation since 2016, whereas the Brazilian market (three times bigger) restarted only in 2017.
- Another difference between the two South American markets: while the Brazilian market consists of 17 to 18% of light commercial vehicles, this share reaches 23% for the Argentine market (mainly pick-ups).
- Four brands occupy 56% of the market in 2017: Volkswagen (16%), Chevrolet (14%), Renault (13%) and Ford (13%). Compared to the Brazilian market, Renault supplants Fiat in the Argentinian market.
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